SEC Form 4 · accession 0001225208-15-022100
CYTEC INDUSTRIES INC/DE/ · CYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
P Jeffery Fitzgerald
Officer — Treasurer
Period of report
Nov 30, 2015
Accepted (ET)
Dec 11, 2015 · 2:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912513
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 9, 2015 | D | 5,479 | $75.25 | D | 0 | D | |
| Common StockF3,F4 | Nov 30, 2015 | A | 322 | $0.00 | A | 12,941 | I | Savings Plan |
| Common StockF4,F2 | Dec 9, 2015 | D | 12,941 | $75.25 | D | 0 | I | Savings Plan |
| Common StockF5,F6 | Nov 30, 2015 | J | 3 | $0.00 | D | 631 | I | Supplemental Savings Plan |
| Common StockF6,F2 | Dec 9, 2015 | D | 631 | $75.25 | D | 0 | I | Supplemental Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option Right to buyF7,F8 | $25.745 | Dec 9, 2015 | D | 7,690 | D | — | Jan 25, 2021 | Common Stock | 7,690 | 0 | D |
| Option Right to buyF7,F9 | $44.54 | Dec 9, 2015 | D | 5,924 | D | — | Jan 25, 2025 | Common Stock | 5,924 | 0 | D |
| Option Right to buyF7 | $18.795 | Dec 9, 2015 | D | 6,374 | D | — | Jan 26, 2020 | Common Stock | 6,374 | 0 | D |
| Option Right to buyF7 | $11.225 | Dec 9, 2015 | D | 8,200 | D | — | Jan 27, 2019 | Common Stock | 8,200 | 0 | D |
| Option Right to buyF7,F10 | $44.135 | Dec 9, 2015 | D | 5,002 | D | — | Jan 28, 2024 | Common Stock | 5,002 | 0 | D |
| Option Right to buyF7,F11 | $25.165 | Dec 9, 2015 | D | 10,360 | D | — | Jan 29, 2022 | Common Stock | 10,360 | 0 | D |
| Option Right to buyF7,F12 | $36.535 | Dec 9, 2015 | D | 6,028 | D | — | Jan 29, 2023 | Common Stock | 6,028 | 0 | D |
| Restricted Stock UnitF13,F14 | $0.00 | Dec 9, 2015 | D | 662 | D | Jan 26, 2018 | — | Common Stock | 662 | 0 | D |
| Restricted Stock UnitF13,F15 | $0.00 | Dec 9, 2015 | D | 614 | D | Jan 29, 2017 | — | Common Stock | 614 | 0 | D |
| Restricted Stock UnitF13,F16 | $0.00 | Dec 9, 2015 | D | 704 | D | Jan 30, 2016 | — | Common Stock | 704 | 0 | D |
Explanation of responses
- F11,044 shares are beneficially owned by Mr. Fitzgerald 's ex-spouse.
- F101,667 of the options are beneficially owned by Mr. Fitzgerald 's ex-spouse.
- F114,144 of the options are beneficially owned by Mr. Fitzgerald 's ex-spouse.
- F123,014 of the options are beneficially owned by Mr. Fitzgerald 's ex-spouse.
- F13Pursuant to the Merger Agreement, each outstanding restricted stock unit ("RSU"), was cancelled at the effective time of the merger and converted into the right to receive an amount in cash equal to the product obtained by multiplying (a) the number of shares of underlying such RSU, by (b) the merger consideration of $75.25, less any applicable tax withholding payable without interest on the scheduled vesting date of the RSU, or earlier in some circumstances.
- F14221 of the restricted stock units are beneficially owned by Mr. Fitzgerald 's ex-spouse.
- F15205 of the restricted stock units are beneficially owned by Mr. Fitzgerald 's ex-spouse.
- F16352 of the restricted stock units are beneficially owned by Mr. Fitzgerald 's ex-spouse.
- F2Pursuant to the Agreement and Plan of Merger by and among Cytec Industries Inc., Solvay SA and Tulip Acquisition Inc. dated as of July 28, 2015 (as amended, the "Merger Agreement"), each of these shares was cancelled at the effective time of the merger and converted into the right to receive $75.25 in cash , less any applicable tax withholding.
- F3Number of shares allocated to employee's account under the Cytec Employees' Saving Plan by reason of employee and employer contributions, employee transfers and dividend reinvestments made during the period of January 1-November 30, 2015. Per share prices range from $42.99 (low) to $74.87 (high).
- F43,467 shares are beneficially owned by Mr. Fitzgerald 's ex-spouse.
- F5Net decrease in number of shares allocated to employee's account under the Cytec Supplemental Savings Plan by reason of employee and employer contributions, employee transfers and dividend reinvestments made during the period of January 1-November 30, 2015. Per share prices range from $42.99 (low) to $74.87 (high).
- F6308 shares are beneficially owned by Mr. Fitzgerald 's ex-spouse.
- F7Pursuant to the Merger Agreement, each outstanding and unexercised option or stock appreciation right ("SAR"), as applicable, whether vested or unvested, was cancelled at the effective time of the merger in exchange for cash equal to the product obtained by multiplying (a) the number of shares underlying such option or SAR, as applicable, by (b) the excess, if any, of the per share value of the merger consideration of $75.25 over the per share exercise price of the option or SAR, as applicable, less any applicable tax withholding.
- F81,922 of the options are beneficially owned by Mr. Fitzgerald 's ex-spouse
- F91,975 of the options are beneficially owned by Mr. Fitzgerald 's ex-spouse